Posts Tagged Economy

Stocks head lower, market on track for weekly loss

In this Thursday, May 23, 2013, file photo, Trader Donato Cuttone works on the floor of the New York Stock Exchange near the close of trading. Asian shares traded erratically Friday May 24, 2013 but European markets found their footing, a day after global stocks were routed by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus. (AP Photo/Richard Drew, File)

NEW YORK (AP) — Major stock indexes closed out their first weekly loss in a month in quiet trading Friday.

Read the rest of this entry »

Tags: , , , , , , , , , ,

Investors shift focus to growth stocks

NEW YORK (AP) — Growth stocks, neglected at the start of the year, are starting to get a bit of love from investors again.

Read the rest of this entry »

Tags: , , , , , , , , , , , , , , , , , ,

Summer travel forecast: Better, but no blowout

In this Tuesday, May 26, 2009 file photo, motel signs are seen in Lake George, N.Y.  Airlines, hotels and campgrounds are expecting to see more customers in 2013 than in the previous few summers. (AP Photo/Mike Groll, File)

NEW YORK (AP) — This summer, high rollers are flying to lavish hot spots for their vacations. The rest of us are driving to less luxurious places like nearby campgrounds.

Read the rest of this entry »

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Asia stocks extend losses after big sell-off

A man walks past an electronic stock indicator showing the Nikkei 225 index which nosedived 1,143.28 points, or 7.3 percent to close at 14,483.98 in Tokyo Thursday, May 23, 2013. Japanese stocks plummeted Thursday after a spike in government bond yields and unexpectedly weak Chinese manufacturing spooked investors sitting atop months of massive gains in share prices. (AP Photo/Shizuo Kambayashi)

BANGKOK (AP) — Asian stocks continued to retreat Friday after being routed the day before by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus.

Read the rest of this entry »

Tags: , , , , , , , , , , , , , , , , , , , , , ,

Japan stocks dive as benchmark bond yield spikes

A man walks past an electronic stock indicator showing the Nikkei 225 index which nosedived 1,143.28 points, or 7.3 percent to close at 14,483.98 in Tokyo Thursday, May 23, 2013. Japanese stocks plummeted Thursday after a spike in government bond yields and unexpectedly weak Chinese manufacturing spooked investors sitting atop months of massive gains in share prices. (AP Photo/Shizuo Kambayashi)

BANGKOK (AP) — Asian stock markets staged a mild recovery Friday, a day after being routed by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus.

Read the rest of this entry »

Tags: , , , , , , , , , , , , , , , , , , , , , , , ,